Ted McAleer, executive director of USTAR
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Ted McAleer, executive director of USTAR, makes a presentation to Utah's State Board of Regents on Aug. 27, 2010.
![Update for Board of Regents August 27, 2010 Presented by Ted McAleer, Executive Director, USTAR Governing Authority Ph (801) 538-8709, [email_address] www.innovationutah.com](https://image.slidesharecdn.com/updateforboardofregentstm08-27-10-100831161617-phpapp02/85/Ted-McAleer-executive-director-of-USTAR-1-320.jpg)
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Ted McAleer, executive director of USTAR
- 1. Update for Board of Regents August 27, 2010 Presented by Ted McAleer, Executive Director, USTAR Governing Authority Ph (801) 538-8709, [email_address] www.innovationutah.com
- 2. USTAR: A Strong Fit with Utah priorities
- 3. USTAR: Three Program Areas USTAR Research Team Funding USTAR Buildings & Infrastructure Technology Outreach Program
- 6. Success Story: Recruiting All-Star Talent
- 9. Details: USTAR Research Buildings U of U – 2012 projected opening The impact of microtechnologies and nanotechnologies will be greater than US $3 trillion by 2015. - Source: Organisation for Economic Cooperation and Development The U of U Nanofabrication facility positions Utah to capture hundreds of millions in federal and industry-sponsored research grants over the next decade.
- 21. Questions? Key Links for additional information USTAR: www.innovationutah.com and http://newmedia.innovationutah.com/ BIG: http://innovationutah.com/BiG.html SBIR: http://innovationutah.com/sbir.html
- 22. Thank you for your time Key Links for additional information USTAR: www.innovationutah.com and http://newmedia.innovationutah.com/ BIG: http://innovationutah.com/BiG.html SBIR: http://innovationutah.com/sbir.html
- 23. APPENDICES Key Links for additional information USTAR: www.innovationutah.com and http://newmedia.innovationutah.com/ BIG: http://innovationutah.com/BiG.html SBIR: http://innovationutah.com/sbir.html
- 25. U of U COE Ph.D. Students Enrolled
- 26. U of U COE Research Expenditures $25M FY 2002 2003 2004 2005 2006 2007 2008 2009 Increase of $4.6M/yr $56.9M
- 27. Projected Job Creation – June 30 Top-tier research talent hired: ~180 Construction jobs (June ‘10): 894 Estimated jobs from grants: 1965 Projected Jobs: 3,309
- 28. Leveraging the State’s Investment State Outlay Through FY2010 $52 million Extramural Grants Won $62 million Grant Pipeline Pending $243 million $- $50,000,000 $100,000,000 $150,000,000 $200,000,000 $250,000,000 1.2 X Leverage Of State Research Funding
Editor's Notes
- Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
- We’ve been successful in recruiting top talent nationally and internationally to Utah’s research universities. The researchers who have moved to Utah through the USTAR program are what we call “5 percenters,” meaning they are among the 5 percent of faculty that typically account for 50 percent of university federal and industry-sponsored research grant funding.
- Strategic Partnerships – Include more detailed referral options to salesforce (out & in and to & from whom), break out service providers by function (i.e. legal, accounting) and preference,
- Strategic Partnerships – Include more detailed referral options to salesforce (out & in and to & from whom), break out service providers by function (i.e. legal, accounting) and preference,
- We’ve been successful in recruiting top talent nationally and internationally to Utah’s research universities. The researchers who have moved to Utah through the USTAR program are what we call “5 percenters,” meaning they are among the 5 percent of faculty that typically account for 50 percent of university federal and industry-sponsored research grant funding.
- The USTAR building projects are on track. They are going to add exciting, state-of-the-art resources to the state’s research infrastructure. The buildings will house multidisciplinary teams and should attract collaborations with industry.
- Healthcare reform process is currently part of the national healthcare debate. It will be driven by policy changes and innovation from the medical community. USTAR Innovation areas in Medical Imaging and Brain Medicine and BioDevice / BioPharma hold promise for Utah and the nation. Our researchers are at the forefront, and as in the energy area, they are bringing considerable out-of-state research funds to Utah by winning highly competitive grants. These are internationally recognized experts and their efforts are catalyzing the talent that already exists at our research universities.
- Hamid Ghandehari’s new company, TheraTarget, just signed an agreement with Rexahn, a Maryland-based pharmaceutical company, to produce novel methods of targeted drug delivery. This technology promises to reduce the disruptive effects of chemotherapy.
- Healthcare reform process is currently part of the national healthcare debate. It will be driven by policy changes and innovation from the medical community. USTAR Innovation areas in Medical Imaging and Brain Medicine and BioDevice / BioPharma hold promise for Utah and the nation. Our researchers are at the forefront, and as in the energy area, they are bringing considerable out-of-state research funds to Utah by winning highly competitive grants. These are internationally recognized experts and their efforts are catalyzing the talent that already exists at our research universities.
- Strategic Partnerships – Include more detailed referral options to salesforce (out & in and to & from whom), break out service providers by function (i.e. legal, accounting) and preference,
- Strategic Partnerships – Include more detailed referral options to salesforce (out & in and to & from whom), break out service providers by function (i.e. legal, accounting) and preference,
- Strategic Partnerships – Include more detailed referral options to salesforce (out & in and to & from whom), break out service providers by function (i.e. legal, accounting) and preference,
- Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
- Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
- Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
- Another important indicator of our early ROI is job creation. USTAR has directly hired 128 researchers. These are incredible additions to Utah’s talent pool. The construction of our research facilities at USU and U of U is also contributing nearly 900 jobs during these tough times. These jobs will last through next summer. And, we estimate that the $71 MM of new research funding equates to nearly 1500 new jobs. Based on U of U BEBR study, the $71 MM in grants translates to $63 MM in Utah-based wages.